Academic Catalog


Course Code: 3520406
METU Credit (Theoretical-Laboratory hours/week): 3(3-0)
ECTS Credit: 6.0
Department: Economics
Language of Instruction: English
Level of Study: Undergraduate
Course Coordinator: Assoc.Prof.Dr. EMRE ZELK
Offered Semester: Fall Semesters.

Course Content

Real estate represents a large fraction of the world’s wealth and real estate investment represents a significant part of many institutional portfolios. Its efficient utilization and the markets in which it is traded involve many interesting and complex economic issues. This course applies the economic and finance theory to the real estate investment analysis. In particular, Urban Economics foundation of real estate investment in the space market and Financial Economics perspective on both equity real estate (REITs and real property) and debt real estate (mortgages and mortgage-backed securities) investments are covered.